JPMorgan's (NYSE:JPM) new $1.2B digital growth fund is said to be in talks to take a 10% stake in Twitter for $450M, valuing the microblogging site at $4.5B. Sources say JPMorgan has also purchased a substantial amount of Twitter's shares on private exchanges.
JPMorgan's (NYSE:JPM) new $1.2B digital growth fund is said to be in talks to take a 10% stake...
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| Symbol | Last Price | % Chg |
|---|---|---|
| JPM | - | - |
| JPMorgan Chase & Co. | ||